Bydgoszcz, Poland

Accounting and Corporate Finance
(field of studies: Finance and Accounting)

Bachelor's
Table of contents
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⇑Accounting and Corporate Finance at Merito Bydgoszcz

Field of studies: Finance and Accounting
Language: EnglishStudies in English
Subject area: economy and administration
Kind of studies: full-time studies
  • Description:

  • pl

⇑Test: Is Accounting and Corporate Finance the right fit for you?

students-analysing-financial-charts-at-a-desk-test

10 questions · two minutes

1. A family friend runs a small bakery and hands you a box of receipts and invoices. What do you do?

2. A spreadsheet total is off by a small amount. How do you react?

3. You read that a company’s profit rose but its cash balance fell. What goes through your mind?

4. How do you get on with maths, especially percentages, interest and statistics?

5. Lectures, case studies and financial reports will all be in English, with classmates from many countries. How do you feel about that?

6. A friend wants to open a small online shop and asks whether it can make money. What do you do?

7. Your manager asks you to approve figures you suspect have been made to look better than they are. What do you do?

8. How do you feel about following detailed rules and standards, such as accounting regulations?

9. A company has to choose between buying a new machine and leasing it. Would you enjoy working out which option is better?

10. What motivates you most to study Accounting and Corporate Finance?

⇑Definitions and quotes

Accounting
Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations. The modern field was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.
Corporate Finance
Corporate finance is the area of finance dealing with the sources of funding and the capital structure of corporations, the actions that managers take to increase the value of the firm to the shareholders, and the tools and analysis used to allocate financial resources. The primary goal of corporate finance is to maximize or increase shareholder value. Although it is in principle different from managerial finance which studies the financial management of all firms, rather than corporations alone, the main concepts in the study of corporate finance are applicable to the financial problems of all kinds of firms.
Finance
Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
Accounting
It’s simply to say that managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.
Warren Buffett 1982 Chairman's Letter
Finance
There’s no longer any reason to believe that the wizards of Wall Street actually contribute anything positive to society, let alone enough to justify those humongous paychecks. ... It’s hard to think of any major recent financial innovations that actually aided society, as opposed to being new, improved ways to blow bubbles, evade regulations and implement de facto Ponzi schemes.
Paul Krugman, "Money For Nothing," The New York Times, April 26, 2009
Accounting
There are only two things as complicated as insurance accounting and I have no idea what they are.
Andrew Tobias Chapter 2, By Popular Demand: A very Short Chapter On Insurance Accounting, p. 26.

Contact:

Fordońska 74 str.
85-719 Bydgoszcz
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